Groww Multicap Fund Review – Groww Multicap Fund Review Direct NFO Open on 26 November 2024 and Close on 10 December 2024. Groww Multicap Fund Direct NFO Allotment Date is 17 December 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹100. The Minimum SIP Investment Amount is ₹100.
Type of the Scheme
An open-ended equity scheme investing across large-cap, mid-cap, and small-cap stocks.
Scheme Benchmark : Nifty 500 Multicap 50:25:25 Index – Total Return Index The Trustees have adopted Nifty 500 Multicap 50:25:25 Index as the benchmark index.
Groww Multicap Fund Scheme Benchmark
| Company | Weightage |
|---|---|
| HDFC Bank Ltd. | 4.94 |
| ICICI Bank Ltd. | 3.42 |
| Reliance Industries Ltd. | 3.39 |
| Infosys Ltd. | 2.37 |
| ITC Ltd. | 1.71 |
| Bharti Airtel Ltd. | 1.62 |
| Larsen & Toubro Ltd. | 1.60 |
| Tata Consultancy Services Ltd. | 1.52 |
| Axis Bank Ltd. | 1.24 |
| State Bank of India | 1.18 |
Groww Multicap Fund Important Date
| Scheme Offer | Groww Multicap Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open-ended |
| Open Date | 26 Nov 2024 |
| Close Date | 10 Dec 2024 |
| Allotment Date | 17 Dec 2024 |
| Category | Multi Cap Fund |
| Min Inv ₹ | ₹100 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | Nifty 500 Multicap 50:25:25 Index |
Investment Objective of the Scheme ?
To achieve long-term capital appreciation by predominantly investing in equity and equity-related instruments of large, mid and small-cap companies. However, there can be no assurance that the investment objective of the scheme will be realised.
Groww Multicap Fund Other Details
| Exit Load | 1% |
|---|---|
| Exit Load Details | Exit load of 1%, if redeemed within 1 year. |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 100 |
| Min. SIP | Rs. 100 |
Groww Multicap Fund Asset Allocation
| Instruments | Allocation Min | Allocation Max |
|---|---|---|
| Equity & Equity related instruments across large, mid and small cap companies | 75% | 100% |
| Equity & Equity related instruments of Large Cap companies | 25% | 50% |
| Equity & Equity related instruments of Mid Cap companies | 25% | 50% |
| Equity & Equity related instruments of Small Cap companies | 25% | 50% |
| Debt & Money market instruments | 0% | 25% |
| REITs and InvITs | 0% | 10% |
Manager Manage the Scheme?
Fund Manger : Mr. Anupam Tiwari
Qualification : CA
Experience : Mr. Anupam brings 18 years of extensive experience in the Mutual Fund Industry, having served as an Equity Analyst at Reliance Mutual Fund for 5
years. He then held roles as an Equity Fund Manager at Reliance Life Insurance Company, Principal at PNB Asset Management Company, and Axis Asset Management Company in his most recent assignment prior to joining Groww AMC.
Groww Multicap Fund Sector Representation
| Sector | Weightage |
|---|---|
| Financial Services | 26.35 |
| Information Technology | 8.48 |
| Capital Goods | 8.13 |
| Healthcare | 8.05 |
| Automobile and Auto Components | 6.64 |
| Fast Moving Consumer Goods | 6.28 |
| Oil, Gas & Consumable Fuels | 6.27 |
| Consumer Durables | 3.81 |
| Chemicals | 3.65 |
| Consumer Services | 3.47 |
| Construction | 3.10 |
| Metals & Mining | 3.07 |
| Power | 2.95 |
| Telecommunication | 2.72 |
| Services | 2.05 |
| Construction Materials | 1.83 |
| Realty | 1.81 |
| Media, Entertainment & Publication | 0.47 |
| Textiles | 0.47 |
| Diversified | 0.22 |
| Forest Materials | 0.19 |
Groww Multicap Fund Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|
| Price Return | -6.12 | 19.34 | 38.52 | 22.31 | 15.17 |
| Total Return | -6.07 | 20.24 | 39.69 | 23.49 | 16.69 |
Where Will the Scheme Invest ?
- Indian Equity and equity related securities including convertible bonds and debentures and warrants carrying the right to obtain equity shares.
- Securities created and issued by the Central and State Governments and/or repos/reverse repos in such Government Securities as may be permitted by RBI (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills).
- Securities guaranteed by the Central and State Governments (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills).
- Repos of Corporate debt securities.
- Debt securities issued by domestic Government agencies and statutory bodies, which may or may not carry a Central/State Government guarantee.
- Government securities having an unexpired maturity upto one year.
- Corporate debt securities (of both public and private sector undertakings).
- Securities issued by banks (both public and private sector) as permitted by SEBI from time to time and development financial institutions.
- Money market instruments permitted by RBI/SEBI, having maturities of up to one year, or in alternative investment for the call money market.
- Certificate of Deposits (CDs).
- Tri -Party Repo (TREPS).
- Commercial Paper (CPs).
- The non-convertible part of convertible securities.
- Pass through Certificate (PTC).
- Interest Rate Swap.
- Forward Rate Agreement.
- Interest Rate Futures.
- Investment in units of Real Estate Investment Trust (‘REIT’) & Infrastructure Investment Trust (‘InvIT’).
- Derivative instruments like, Index derivatives, Stock / Futures, Stock / Options and such other derivative instruments permitted by SEBI.
- Commercial Usance Bills.
- Cash & cash equivalents Short selling and securities lending as permitted by SEBI from time to time.
- Any other permitted overseas securities/ instruments that may be available from time to time.
Also Read: Invesco India Multi Asset Allocation Fund
Groww Multicap Fund Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial
District, Nanakramguda, Serilingampally, Hyderabad500 032, Telangana, India.
Tel No.: +91 40 6716 2222
Website: Www.Kfintech.Com
Email: Hoacfoods.Ipo@Kfintech.Com
Investor Grievance Email:Einward.Ris@Kfintech.Com
Contact Person: Mr. M Murali Krishna
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